Jacksonville Quadplex Investment
For Sale
$894,900
9612 HOOD Rd, Jacksonville, FL 32257
48-unit quadplex community with modern amenities in Jacksonville, Florida.
Property Size4,160 SF
Lot Size0.42 Acres
Days on Market267
Property Features for 9612 HOOD Rd
General Information
Standard status
Active
Size
4,160 SF
Lot size
0.42 Acres
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$1,161
Building Details
Building Size
4,160 SF
Year Built
2024
Units
4
Listing Agency:
SUNCOAST PROPERTY MANAGEMENT LLC
(904) 740-3789
Listed By:
KELLY LEIGH HICKS · License #3021641
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 22
Last Checked: Aug 22 at 10:16AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SUNCOAST PROPERTY MANAGEMENT LLC
Investment Insights
Based on property information with market context.
Sunbeam Villas, located off Hood Road in Jacksonville, presents an investment opportunity. This community comprises 12 buildings with a total of 48 units. Each unit spans approximately 1,040 square feet and features two bedrooms and two bathrooms. Units are appointed with granite countertops, luxury vinyl plank flooring, fully equipped kitchens, window blinds, keyless entry, and central heating and cooling. Situated on the east side of the St. Johns River, Sunbeam Villas offers proximity to retail, dining, and services.
Key Highlights
- New construction 2024 quad‑plex community with 48 units.
- Units feature 2 bedrooms and 2 bathrooms with approximately 1,040 square feet.
- High‑end finishes including granite countertops and luxury vinyl plank flooring.**
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$39,061
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.36%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$781,220
$781.2K
Cap Rate 7%
$558,014
$558.0K
Cap Rate 9%
$434,011
$434.0K
Market Conditions
NOI Build-Up for 4,160 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$61.4K $14.76/SF
− Vacancy
−$5.6K −$1.35/SF
EGI
$55.8K $13.41/SF
− OpEx
−$16.7K −$4.02/SF
NOI
$39.1K $9.39/SF
Area
Jacksonville, FL
Vacancy
9.12%
Lease Rate
$14.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$781,220
Cap Rate 7%
$558,014
Cap Rate 9%
$434,011
Alternative Uses
Best Use
Multifamily LT 5
$558.0K
$488.3K – $651.0K
NOI $39,061 @ 7.0% cap · market cap 4.36%
Second Best
Apartment 5plus
$439.7K
$384.7K – $513.0K
NOI $30,777 @ 7.0% cap · market cap 3.44%
Theoretical Best
Office A
$1.14M
$997.2K – $1.33M
NOI $79,772 @ 7.0% cap · market cap 8.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
539
Businesses Nearby
Explore this area
Business Placement
Demographics for 32257, FL
41,439
Population
18,465
Households
2.2
Avg Household Size
40
Median Age
36%
College-Educated
93%
High-School Grad
12.3 sq mi
ZIP Area
3,369
Density / Sq Mi
$75,180
Median Household Income
$45,772
Median Earnings
$1,441
Median Rent
$305,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - 48-unit quadplex community with modern amenities in Jacksonville, Florida.
Where is this quadplex located?
The property is located at 9612 HOOD Rd Jacksonville, FL.
What is the asking price?
The asking price for this property is $894,900.
What are key features of this property?
This property features: New construction 2024 quad‑plex community with 48 units.; Units feature 2 bedrooms and 2 bathrooms with approximately 1,040 square feet.; High‑end finishes including granite countertops and luxury vinyl plank flooring.**
